Contact Information: Company Contact: Tim Martin Chief Financial Officer (610) 293-5700
U-Store-It Declares Third Quarter 2009 Dividend
| Source: U-Store-It
WAYNE, PA--(Marketwire - August 5, 2009) - U-Store-It Trust (NYSE : YSI ), a self-administered
and self-managed real estate investment trust focused on self-storage
facilities, announced that its Board of Trustees declared a quarterly
dividend of $0.025 per common share for the period ending September 30,
2009. The dividend is payable on October 22, 2009 to common shareholders of
record on October 7, 2009.
About U-Store-It Trust
U-Store-It Trust is a self-administered and self-managed real estate
investment trust. The company provides self-storage solutions in all 50
states through its 383 company-owned facilities and the U-Store-It Network,
which consists of approximately 310 additional third-party locations. The
company's self-storage facilities and storage solutions are designed to
offer affordable, easily accessible, secure, and in certain locations,
climate-controlled storage space for residential and commercial customers.
According to the Self Storage Almanac, U-Store-It Trust is one of the top
four owners and operators of self-storage facilities in the U.S.
Visitors may go online to http://www.ustoreit.com to learn more about the
company and to find a nearby storage facility. Visitors to ustoreit.com can
also view the sizes and features of individual self-storage units, reserve
storage space, and pay their storage bills online using a safe, secure
online payment function.
For more information about business or personal storage call U-Store-It
toll free at 1-888-U-STORE-IT.
Forward-Looking Statements
Although the Company believes the expectations reflected in any
forward-looking statements in this press release are based on reasonable
assumptions, there can be no assurance that such expectations will be
achieved. You should not rely on our forward-looking statements because the
matters they describe are subject to known and unknown risks and
uncertainties that could cause the Company's future results, performance,
or achievements to differ significantly from the results, performance, or
achievements expressed or implied by such statements. Such risks are set
forth under the captions "Item 1A. Risk Factors" and "Forward-Looking
Statements" in our annual report on Form 10-K and under the caption "Item
2. Management's Discussion and Analysis of Financial Condition and Results
of Operations" (or similar captions) in our quarterly reports on Form 10-Q,
and described from time to time in the Company's filings with the SEC. For
forward-looking statements herein, the Company claims the protection of the
safe harbor for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995. The Company assumes no obligation
to update or supplement forward-looking statements that become untrue
because of subsequent events.